Government Clears 22 Electronics Projects Worth ₹42,000 Cr

By BPN News Desk January 3, 2026

Business Industry

The central government has approved 22 new electronics component manufacturing projects with a total investment commitment of around ₹42,000 crore. The approvals are part of a broader push to strengthen India’s electronics manufacturing ecosystem and reduce dependence on imported components.

Business Industry

India Tobacco Stocks Fall After New Excise Duty

By BPN News Desk January 1, 2026

Shares of Indian tobacco companies fell sharply after the government announced a new excise duty on cigarettes, adding to the existing goods and services tax regime. The duty, which will come into effect from February 1, 2026, applies per 1,000 cigarette sticks and varies by cigarette length. This move effectively reintroduces a central levy on […]

Business Industry

Teema Eyes Uttar Pradesh for Tech Park Expansion

By BPN News Desk December 28, 2025

The Taiwan Electrical and Electronic Manufacturers’ Association, commonly known as Teema, is exploring plans to expand its presence in North India by setting up a technology park in Uttar Pradesh. The move is part of efforts to strengthen manufacturing and supply chain linkages between Taiwanese electronics firms and India. Yamuna Expressway Region in Focus Officials […]

Business Industry

PLI Scheme Drives Jobs, Exports in Electronics

By BPN News Desk December 27, 2025

India’s electronics industry has created more than 1.33 million jobs over the past five years, driven largely by the Production Linked Incentive (PLI) scheme for manufacturing. The government’s PLI programme, part of broader efforts to boost domestic electronics production, has helped expand smartphone manufacturing and supported a sharp rise in exports. Industry figures

Business Industry

Reliance Resumes Russian Crude Buys for Jamnagar

By BPN News Desk December 25, 2025

Reliance Industries Ltd has restarted purchases of discounted Russian crude oil after a pause following U.S. sanctions on major Russian producers. The Indian energy and petrochemicals company is sourcing barrels from suppliers not subject to sanctions and routing them to its refinery complex in Jamnagar, Gujarat. US Concession Allows Wind-Down The company has also obtained

Business Industry

India’s Manufacturing PMI Falls to Nine-Month Low

By BPN News Desk December 1, 2025

India’s manufacturing sector lost momentum in November, with activity expanding at its slowest pace since February. The HSBC India Manufacturing PMI dropped to 56.6, down from 59.2 in October. Although a reading above 50 indicates growth, the decline shows a cooling in both demand and output. Slower Rise in Sales and Production Manufacturers reported that […]

Business Industry

Govt Clears 17 Projects To Boost Electronic Goods Production

By BPN News Desk November 18, 2025

The Ministry of Electronics and Information Technology (MeitY) on 18 November 2025 approved 17 new projects under the Electronics Component Manufacturing Scheme (ECMS). The investments total approximately ₹7,172 crore and will set up manufacturing units for electronic components across nine states and union territories: Karnataka (5), Tamil Nadu (3), Maharashtra (3), Jammu

Business Industry

Government Revokes QCO On Polyester Fibre And Yarn

By BPN News Desk November 13, 2025

The Indian government has withdrawn the Quality Control Orders (QCOs) on polyester fibre and polyester yarn, reversing a mandate that previously required compulsory certification for both domestic manufacturers and importers. The decision follows sustained industry feedback that the QCOs were creating supply delays, higher compliance costs and operational challenges for

Industry

India’s rare earth potential high, focus shifts to processing capability

By Editor - News Desk November 8, 2025

India has been identified by World Energy Council Chairman Adnan Amin as having substantial potential to become a key player in the global supply chain for rare earth elements, provided it focuses on building up processing and refining capabilities. Amin pointed out that although these minerals are often labelled “rare earths”, they are “really not […]

Business Industry

Global Pulse Prices Drop to Record Lows

By BPN News Desk September 27, 2025

Global prices of major pulses have fallen sharply, with declines ranging from 5% to 20% over the past month. The drop is attributed to strong competition among major exporters. Exporters Compete for Market Share Canada, Australia, Russia, and several African countries are intensifying efforts to win buyers in world markets. New crops of peas and […]